The Retirement Income Paradox

In a survey of advisors on the topic of retirement income, GDC Research and Practical Perspectives found the firm that certain "contradictions" are making it hard for firms to take advantage of the seemingly vast Boomer retirement opportunity.

Annuities and the Charles Schwab Deal

Most of the annuities now on the Charles Schwab and TD Ameritrade platforms are offered by mutual or foreign-owned life insurers. Lincoln Financial is the sole exception.

Marshmallows and Social Security

Should US retirees delay claiming Social Security until age 70, even if they have to spend savings until then? The Center for Retirement Research at Boston College proposes that strategy as a default option in retirement plans.
Featured

Poor Standards at S&P, U.S. Alleges

The ratings agency that downgraded the federal government's debt in 2011 now finds itself accused of fraud by that same government's attorney general. The credibility of life insurer strength ratings is just one of the issues at stake.
News

Well-known CFP bases new venture on mining old VAs

New Jersey advisor Mark Cortazzo has started a new service, Annuity Review, to make sure individuals and their advisors understand the value hidden in the variable annuities they already own.

The Bucket

Brief or late-breaking items from Putnam Investments, Pershing LLC, DST Systems, Inc., Vanguard, Groom Law Group and LIMRA.

The Missing Document

As he got older, my father never wanted to share his financial secrets with me, my brother or my sister. When he died a few weeks ago, we got our first peek into the filing cabinet that contained his will and other paperwork.